SASOL LIMITED

JSE

SOL

Target for this break is 28950. Stop loss daily close below 27000.

May find support around 22097

SOL RSI making a H&S Pattern Culminating the next possible Down Trend

$JSESOL - Continuation on today's 5% pop (Intra-day) will invalidate the H&S pattern forming

SASOL is now back into its shortterm WEEKLY range after a break above resistance but a failure to hold, it may now retrace to around R260 its next SUPPORT level

A break and close above R289.00 on Sasol opens up target to the R325.00 area. Risk/reward : 1.5

SOL Bounced off Long term resistance / Support on Tuesday Has Since seen some support Breakout or bounce today will confirm trend I will wait for confirmation Remember to manage your risk

SOL has broken through and closed above the downtrend resistance on the DAILY, a break above and close of the shortterm sideways resistance will give us confirmation that the trend may be turning.

Watch the area between R290 - R295 which has a high probability of becoming another area of resistance for Sasol. Ever since the update came out in May regarding the LCCP project and further budget overruns, the stock has battled to trade above the 20 day moving average. There is a good chance that the 20 day moving average could once again provide resistance and...

SASOL back at 61.8 retrace level. Possible short entry here if candles confirm!

JSE:SOL Opened down 15% Support at 21500

Maybe. But I won't be buying it. I think its highly likely that price will bounce off these levels. But catching falling knives isn't my idea of trading, so instead I'll be waiting. If price does bounce, I think a move back to 35700 is possible. And its at this level that I'm keen on the short. Alternatively, if price starts closing below 31000 on a weekly...

Price action indicating a dividend cut, or no dividend at all..?!

The first correction happened during the financial crisis. The other two corrections are in a large part self inflicted with the massive Lake Charles project. Once that project comes 100% online and the drag on earnings due to capital expenditure subsides, the Sasol share price should recover. Not for short term investors.

$JSESOL Well hello there.... confirmed on hourly close above 338

Struggling to hold onto support. Could be a nasty breakdown.

$JSESOL Glimmer of hope for the bulls

$JSESOL Bottom forming - helped by Middle East tensions